Nexus between energy poverty and economic vulnerability: Evidence from low and middle income economies

References

• Adeel, M., and J. R. W. Temple. 2009. The geography of output volatility. Journal of Development Economics 90 (2):163–18. doi:10.1016/j.jdeveco.2008.10.003.
   Web of Science ®Google Scholar
• Agénor, P.-R., C. John Mcdermott, and E. S. Prasad. 2000. Macroeconomic fluctuations in developing countries: Some stylized facts. The World Bank Economic Review 14 (2):251–85. doi:10.1093/wber/14.2.251.
   Web of Science ®Google Scholar
• Alvarez, G., Guillermo, and R. Tol. 2021. The impact of the Bono Social de Electricidad on energy poverty in Spain. In Energy economics 103: 105554. https://doi.org/10.1016/j.eneco.2021.105554
   Google Scholar
• Anderson, T. W., and C. Hsiao. 1982. Formulation and estimation of dynamic models using panel data. Journal of Econometrics 18 (1):47–82. doi:10.1016/0304-4076(82)90095-1.
   Web of Science ®Google Scholar
• Angrist, J. D., and G. W. Imbens. 1995. Two-stage least squares estimation of average causal effects in models with variable treatment intensity. Journal of the American Statistical Association 90 (430):431–42. doi:10.1080/01621459.1995.10476535.
   Web of Science ®Google Scholar
• Anwar, S., and S. Sun. 2018. Foreign direct investment and export quality upgrading in China’s manufacturing sector. International Review of Economics & Finance 54:289–98. doi:10.1016/j.iref.2017.09.009.
   Web of Science ®Google Scholar
• Araya, B., C. C. Luis-Diego, and L. Servén. 2016. Openness, specialization, and the external vulnerability of developing countries. In: The World Bank.
   Google Scholar
• Araya, B., C. C. Luis-Diego, and L. Servén. 2018. Openness, specialization, and the external vulnerability of developing countries. Journal of Development Economics 134:310–28. doi:10.1016/j.jdeveco.2018.05.015.
   Web of Science ®Google Scholar
• Barnes, D. F., S. R. Khandker, and H. A. Samad. 2011. Energy poverty in rural Bangladesh. Energy Policy 39 (2):894–904. doi:10.1016/j.enpol.2010.11.014.
   Web of Science ®Google Scholar
• Belsley, D. A. 1988. Two-or three-stage least squares? Computer Science in Economics and Management 1 (1):21–30. doi:10.1007/BF00435200.
   Google Scholar
• Blundell, R., and S. Bond. 1998. Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics 87 (1):115–43. doi:10.1016/S0304-4076(98)00009-8.
   Web of Science ®Google Scholar
• Bolin, Y., D. Fang, and J. Meng. 2021. Analysis of the generation efficiency of disaggregated renewable energy and its spatial heterogeneity influencing factors: A case study of China. Energy 234:121295. doi:10.1016/j.energy.2021.121295.
   Web of Science ®Google Scholar
• Bouzarovski, S. 2014. Energy poverty in the E uropean Union: Landscapes of vulnerability. Wiley Interdisciplinary Reviews: Energy and Environment 3 (3):276–89. doi:10.1002/wene.89.
   Web of Science ®Google Scholar
• Bouzarovski, S., and S. Petrova. 2015. The EU energy poverty and vulnerability agenda: An emergent domain of transnational action. In Energy policy making in the EU: Building the agenda, ed. J. Tosun, S. Biesenbender, and K. Schulze, 129–44. London: Springer London.
   Google Scholar
• Briguglio, L. 1993 July. The economic vulnerabilities of small island developing states. Paper presented at the Study Commissioned by CARICOM for the Regional Technical Meeting of the Global Conference on the Sustainable Development of Small Island Developing States, Port of Spain, Trinidad and Tobago.
   Google Scholar
• Briguglio, L. 1995. Small island developing states and their economic vulnerabilities. World Development 23 (9):1615–32. doi:10.1016/0305-750X(95)00065-K.
   Web of Science ®Google Scholar
• Briguglio, L. 1997. Small island developing states and their economic vulnerabilities. Scope-Scientific Committee on Problems of the Environment International Council of Scientific Unions 58:210–15.
   Google Scholar
• Briguglio, L., G. Cordina, N. Farrugia, and S. Vella. 2009. Economic vulnerability and resilience: Concepts and measurements. Oxford Development Studies 37 (3):229–47. doi:10.1080/13600810903089893.
   Google Scholar
• Burlinson, A., M. Giulietti, and G. Battisti. 2018. The elephant in the energy room: Establishing the nexus between housing poverty and fuel poverty. Energy Economics 72:135–44. doi:10.1016/j.eneco.2018.03.036.
   Web of Science ®Google Scholar
• Bussière, M., and C. Mulder. 2000. Political instability and economic vulnerability. International Journal of Finance & Economics 5 (4):309–30. doi:10.1002/1099-1158(200010)5:4<309::Aid-ijfe136>3.0.Co;2-i.
   Web of Science ®Google Scholar
• Canh, N. P., and S. Dinh Thanh. 2020. Domestic tourism spending and economic vulnerability. Annals of Tourism Research 85:103063. doi:10.1016/j.annals.2020.103063.
   PubMed Web of Science ®Google Scholar
• Canh, N. P., and D. Su Thanh. 2021. Economic integration and economic complexity: The role of basic resources in absorptive capability in 40 selected developing countries. Economic Analysis and Policy 71:609–25. doi:10.1016/j.eap.2021.07.001.
   Web of Science ®Google Scholar
• Chevalier, J.-M., and N. S. Ouédraogo. 2009. Energy poverty and economic development. In The new energy crisis: Climate, economics and geopolitics, ed. J.-M. Chevalier, 115–44. London: Palgrave Macmillan UK.
   Google Scholar
• Churchill, A., R. S. Sefa, and L. Farrell. 2020. Fuel poverty and subjective wellbeing. Energy Economics 86:104650. doi:10.1016/j.eneco.2019.104650.
   Web of Science ®Google Scholar
• Circelli, M., and J. Stanwick. 2014. Economic vulnerability in Australia, 2002-12: An employment perspective. Adelaide, Australia: National Centre for Vocational Education Research.
   Google Scholar
• Cordina, G. 2004. Economic vulnerability and economic growth: Some results from a neo-classical growth modelling approach. Journal of Economic Development 29 (2):21–39.
   Google Scholar
• Dong, F., L. Yangfan, Y. Gao, J. Zhu, C. Qin, and X. Zhang. 2022. Energy transition and carbon neutrality: Exploring the non-linear impact of renewable energy development on carbon emission efficiency in developed countries. Resources, Conservation and Recycling 177:106002. doi:10.1016/j.resconrec.2021.106002.
   Web of Science ®Google Scholar
• Dong, F., L. Yangfan, C. Qin, and J. Sun. 2021a. How industrial convergence affects regional green development efficiency: A spatial conditional process analysis. Journal of Environmental Management 300:113738. doi:10.1016/j.jenvman.2021.113738.
   PubMed Web of Science ®Google Scholar
• Dumitrescu, E.-I., and C. Hurlin. 2012. Testing for Granger non-causality in heterogeneous panels. Economic Modelling 29 (4):1450–60. doi:10.1016/j.econmod.2012.02.014.
   Web of Science ®Google Scholar
• Epstein, B., and A. Finkelstein Shapiro. 2019. Financial development, unemployment volatility, and sectoral dynamics. Journal of Economic Dynamics & Control 99:82–102. doi:10.1016/j.jedc.2018.11.004.
   Web of Science ®Google Scholar
• Fang, D., and Y. Bolin. 2021. Driving mechanism and decoupling effect of PM2.5 emissions: Empirical evidence from China’s industrial sector. Energy Policy 149:112017. doi:10.1016/j.enpol.2020.112017.
   Web of Science ®Google Scholar
• Fatás, A., and I. Mihov. 2003. The case for restricting fiscal policy discretion. The Quarterly Journal of Economics 118 (4):1419–47. doi:10.1162/003355303322552838.
   Web of Science ®Google Scholar
• Feenstra, R. C., R. Inklaar, and M. P. Timmer. 2015. The next generation of the penn world table. American Economic Review 105 (10):3150–82. doi:10.15141/S5J01T.
   Web of Science ®Google Scholar
• Feldkircher, M. 2014. The determinants of vulnerability to the global financial crisis 2008 to 2009: Credit growth and other sources of risk. Journal of International Money and Finance 43:19–49. doi:10.1016/j.jimonfin.2013.12.003.
   Web of Science ®Google Scholar
• Feng, D. 2021. How public and government matter in industrial pollution mitigation performance: Evidence from China. Journal of Cleaner Production 306:127099–2021 v.306. doi:10.1016/j.jclepro.2021.127099.
   Web of Science ®Google Scholar
• González-Eguino, M. 2015. Energy poverty: An overview. Renewable and Sustainable Energy Reviews 47:377–85. doi:10.1016/j.rser.2015.03.013.
   Web of Science ®Google Scholar
• Groh, S. 2014. The role of energy in development processes—The energy poverty penalty: Case study of Arequipa (Peru). Energy for Sustainable Development 18:83–99. doi:10.1016/j.esd.2013.12.002.
   Web of Science ®Google Scholar
• Hausmann, R., and M. Gavin. 1996. “Securing stability and growth in a shock prone region: The policy challenge for Latin America.” IDB Working Paper No. 259.
   Google Scholar
• Herrero, S. T. 2017. Energy poverty indicators: A critical review of methods. Indoor and Built Environment 26 (7):1018–31. doi:10.1177/1420326x17718054.
   Web of Science ®Google Scholar
• Hills, J. 2011. Fuel poverty: The problem and its measurement. Interim report of the fuel poverty review. In CASE report casereport, pp. 69. London, UK: Centre for Analysis of Social Exclusion, LSE.
   Google Scholar
• Huynh, C. M., V. Hong Thai Nguyen, H. Bao Nguyen, and P. Canh Nguyen. 2020. One-way effect or multiple-way causality: Foreign direct investment, institutional quality and shadow economy? International Economics and Economic Policy 17 (1):219–39. doi:10.1007/s10368-019-00454-1.
   Google Scholar
• Jetter, M. 2014. Volatility and growth: Governments are key. European Journal of Political Economy 36:71–88. doi:10.1016/j.ejpoleco.2014.07.005.
   Web of Science ®Google Scholar
• Kaygusuz, K. 2010. Energy services and energy poverty for rural regions. Energy Sources, Part B: Economics, Planning, and Policy 5 (4):424–33. doi:10.1080/15567240802458716.
   Web of Science ®Google Scholar
• Kerschner, C., C. Prell, K. Feng, and K. Hubacek. 2013. Economic vulnerability to Peak Oil. Global Environmental Change 23 (6):1424–33. doi:10.1016/j.gloenvcha.2013.08.015.
   Web of Science ®Google Scholar
• Kimm, G. S. 2016. Trade openness and structural vulnerability in developing countries. Journal of Economic Studies 43 (1):70–89. doi:10.1108/JES-01-2015-0013.
   Google Scholar
• Kose, T. 2019. Energy poverty and health: The Turkish case. Energy Sources, Part B: Economics, Planning, and Policy 14 (5):201–13. doi:10.1080/15567249.2019.1653406.
   Web of Science ®Google Scholar
• Le, T. D. N. 2019. Climate change adaptation in coastal cities of developing countries: Characterizing types of vulnerability and adaptation options. Mitigation and Adaptation Strategies for Global Change. doi:10.1007/s11027-019-09888-z.
   Web of Science ®Google Scholar
• Legendre, B., and O. Ricci. 2015. Measuring fuel poverty in France: Which households are the most fuel vulnerable? Energy Economics 49:620–28. doi:10.1016/j.eneco.2015.01.022.
   Web of Science ®Google Scholar
• Llorca, M., A. Rodriguez-Alvarez, and T. Jamasb. 2020. Objective vs. subjective fuel poverty and self-assessed health. Energy Economics 87:104736. doi:10.1016/j.eneco.2020.104736.
   Web of Science ®Google Scholar
• Mathonnat, C., and A. Minea. 2018. Forms of democracy and economic growth volatility. Economic Modelling. doi:10.1016/j.econmod.2018.07.013.
   Google Scholar
• Monyei, C. G., and A. O. Adewumi. 2017. Demand Side Management potentials for mitigating energy poverty in South Africa. Energy Policy 111:298–311. doi:10.1016/j.enpol.2017.09.039.
   Web of Science ®Google Scholar
• Moore, R. 2012. Definitions of fuel poverty: Implications for policy. Energy Policy 49:19–26. doi:10.1016/j.enpol.2012.01.057.
   Web of Science ®Google Scholar
• Ndikumana, L., and M. Sarr. 2019. Capital flight, foreign direct investment and natural resources in Africa. Resources Policy 63:101427. doi:10.1016/j.resourpol.2019.101427.
   Web of Science ®Google Scholar
• Nguyen, C. P., and M. Ali Nasir. 2021. An inquiry into the nexus between energy poverty and income inequality in the light of global evidence. Energy Economics 99:105289. doi:10.1016/j.eneco.2021.105289.
   Web of Science ®Google Scholar
• Nguyen, P. C., and S. Dinh Thanh. 2021d. Does energy poverty matter for gender inequality? Global evidence. Energy for Sustainable Development 64:35–45. doi:10.1016/j.esd.2021.07.003.
   Web of Science ®Google Scholar
• Nguyen, C. P., and S. Thanh Dinh. 2021a. Alleviating energy poverty for forest conservation: It seems to work, but what are we missing? Land Use Policy 109:105625. doi:10.1016/j.landusepol.2021.105625.
   Web of Science ®Google Scholar
• Nguyen, C. P., and S. Thanh Dinh. 2021b. Easing economic vulnerability: Multidimensional evidence of financial development. The Quarterly Review of Economics and Finance 81:237–52. doi:10.1016/j.qref.2021.06.007.
   Web of Science ®Google Scholar
• Nguyen, C. P., and S. Thanh Dinh. 2021c. The ‘vicious cycle’ of energy poverty and productivity: Insights from 45 developing countries. Environmental Science and Pollution Research 28:56345–62. doi:10.1007/s11356-021-14614-x.
   PubMed Web of Science ®Google Scholar
• Nguyen, C. P., S. Thanh Dinh, T. Duy Bui, V. Thi Bach Dang, and B. Quang Nguyen. 2021. Financial development and energy poverty: Global evidence. Environmental Science and Pollution Research 28 (26):35188–225. doi:10.1007/s11356-021-13038-x.
   PubMed Web of Science ®Google Scholar
• Noy, I., and R. Yonson. 2018. Economic vulnerability and resilience to natural hazards: A survey of concepts and measurements. Sustainability 10 (8):2850. doi:10.3390/su10082850.
   Web of Science ®Google Scholar
• Nussbaumer, P., M. Bazilian, and V. Modi. 2012. Measuring energy poverty: Focusing on what matters. Renewable and Sustainable Energy Reviews 16 (1):231–43. doi:10.1016/j.rser.2011.07.150.
   Web of Science ®Google Scholar
• Okushima, S. 2016. Measuring energy poverty in Japan, 2004–2013. Energy Policy 98:557–64. doi:10.1016/j.enpol.2016.09.005.
   Web of Science ®Google Scholar
• Okushima, S. 2017. Gauging energy poverty: A multidimensional approach. Energy 137:1159–66. doi:10.1016/j.energy.2017.05.137.
   Web of Science ®Google Scholar
• Orgiazzi, E. 2008. Financial development and instability: The role of the labour share. Research in Economics 62 (4):215–36. doi:10.1016/j.rie.2008.08.001.
   Google Scholar
• Pachauri, S., and D. Spreng. 2011. Measuring and monitoring energy poverty. Energy Policy 39 (12):7497–504. doi:10.1016/j.enpol.2011.07.008.
   Web of Science ®Google Scholar
• Pan, Y., and F. Dong. 2022. Design of energy use rights trading policy from the perspective of energy vulnerability. Energy Policy 160:112668. doi:10.1016/j.enpol.2021.112668.
   Web of Science ®Google Scholar
• Pereira, M. G., M. Aurélio Vasconcelos Freitas, and N. F. da Silva. 2010. Rural electrification and energy poverty: Empirical evidences from Brazil. Renewable and Sustainable Energy Reviews 14 (4):1229–40. doi:10.1016/j.rser.2009.12.013.
   Web of Science ®Google Scholar
• Petrova, S., M. Gentile, I. Henrik Mäkinen, and S. Bouzarovski. 2013. Perceptions of thermal comfort and housing quality: Exploring the microgeographies of energy poverty in Stakhanov, Ukraine. Environment and Planning A: Economy and Space 45 (5):1240–57. doi:10.1068/a45132.
   Web of Science ®Google Scholar
• Philippe, B., C. J. Nordman, and A. Vescovo. 2010. Employment vulnerability and earnings in Urban West Africa. World Development 38 (9):1297–314. doi:10.1016/j.worlddev.2010.02.011.
   Web of Science ®Google Scholar
• Rodriguez-Alvarez, A., L. Orea, and T. Jamasb. 2019. Fuel poverty and Well-Being: A consumer theory and stochastic frontier approach. Energy Policy 131:22–32. doi:10.1016/j.enpol.2019.04.031.
   Web of Science ®Google Scholar
• Seth, A., and A. Ragab. 2012. Macroeconomic vulnerability in developing countries: Approaches and issues. In International policy centre for inclusive growth working paper, Vol. 94 . Brazil: International Policy Centre for Inclusive Growth (IPC-IG).
   Google Scholar
• Sokołowski, J., P. Lewandowski, A. Kiełczewska, and S. Bouzarovski. 2020. A multidimensional index to measure energy poverty: The Polish case. Energy Sources, Part B: Economics, Planning, and Policy 15 (2):92–112. doi:10.1080/15567249.2020.1742817.
   Web of Science ®Google Scholar
• Sosso, F., and M. Goujon. 2016. The retrospective economic vulnerability index, 2015 update. In Working Papers from FERDI. France: FERDI. https://ferdi.fr/en.
   Google Scholar
• Su, D. T., P. Canh Nguyen, and S. Christophe. 2019. Impact of foreign direct investment, trade openness and economic institutions on growth in emerging countries: The case of Vietnam. Journal of International Studies Vol 12:3.
   Google Scholar
• Thai-Ha, L., and C. Phuc Nguyen. 2019. Is energy security a driver for economic growth? Evidence from a global sample. Energy Policy 129:436–51. doi:10.1016/j.enpol.2019.02.038.
   Web of Science ®Google Scholar
• Thomson, H., C. Jane Snell, and C. Liddell. 2016. Fuel poverty in the European Union: A concept in need of definition? People, Place & Policy Online 10:5–24. doi:10.3351/ppp.0010.0001.0002.
   Google Scholar
• UN. 2021. “SDG 7: Affordable and clean energy.” the United Nations, Accessed Nov 30. https://sdgs.un.org/goals/goal7
   Google Scholar
• Whelan, C. T., and B. Maître. 2005. Economic vulnerability, multidimensional deprivation and social cohesion in an enlarged European community. International Journal of Comparative Sociology 46 (3):215–39. doi:10.1177/0020715205058942.
   Google Scholar
• Zaman, R., O. van Vliet, and A. Posch. 2021. Energy access and pandemic-resilient livelihoods: The role of solar energy safety nets. Energy Research & Social Science 71:101805. doi:10.1016/j.erss.2020.101805.
   PubMed Web of Science ®Google Scholar
• Zouaoui, H., M. Mazioud, and N. Ziedi Ellouz. 2018. A semi-parametric panel data analysis on financial development-economic volatility nexus in developing countries. Economics Letters 172:50–55. doi:10.1016/j.econlet.2018.08.010.
   Web of Science ®Google Scholar